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20130313
20130321
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CNBC 2
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CNBC
Mar 13, 2013 5:00am EDT
a battle of the u.s. budget plans. senate democrats are set to unveil the answer to republican paul ryan's deficit cutting proposal today. >> announcer: you're watching "worldwide exchange" bringing you business news from around the globe. >>> it looks like a touch weaker for u.s. futures. look at the action. the dow did manage just at the end of the day to eke out small gains yesterday and that means it's been eight straight days of gains for this index. can it be nine? unusual. that would be the first time in 16 years in fact. meanwhile, perhaps some cautionary signs in the nasdaq which has had a weak couple of days stretch over here. s&p 500 also ended lower and looks to give up a point or two this morning as well. 1,545 is the level there. we're down 0.2 in the ftse global 300. a lot of action in the last half hour. we're seeing the euro weakening and general sense of risk coming off the table as we head closer to the weekend. key bond auctions today as well. italy going to market and we see italian stocks giving up .75 of 1%. spain down by two-thirds of 1%. ftse 100 message is consi
CNBC
Mar 14, 2013 5:00am EDT
as part of a deficit deal. the senate budget committee began debating its counterproposal to paul ryan's budget. the sausage making process continues in the u.s. and in europe where the european parliament, get this, has stripped down a budget deal reached by eu leaders last month that called for significant changes. mvps did not change the 960 billion euro spending limit, but pressed for the distribution of funds and a mid year review. the european parliament chair called the move an important step for democracy. >> the parliaments want to be taken as a serious partner. we are prepared to negotiate. this is an offer to the council to compromise and improve the framework. >> now, this comes as european union heads of state are kicking off another two-day summit in brussels today. leaders reportedly making plans to loosen the rules which will allow the companies more time to balance their budgets. julia chatterly is live in brussels. julia, germany made a point ahead of this meeting to say even if there's discussion to give people more time, it needs less time to meet its own target. >>
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